Arrange the following statements in chronological order in respect to the impact of a unit tax on supply: (A) Imposition of unit tax increases the…
CUET UG 2025 — Economics Micro
Arrange the following statements in chronological order in respect to the impact of a unit tax on supply:
(A) Imposition of unit tax increases the price of commodities.
(B) Increased prices will lead to an increase in LRAC and LRMC.
(C) The firm's long run supply curve shifts to the left.
(D) At any given market price, the firm supplies fewer units of output.
Choose the correct answer from the options given below:
Held on 29 May 2025 · Verified 13 Jul 2026.
Options
- A
(A), (B), (C), (D)
- B
(A), (C), (B), (D)
- C
(B), (A), (D), (C)
- D
(C), (B), (D), (A)
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